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BSP dismisses supervisors, implements reforms after ‘ghost employee’ scandal

admin September 3, 2025

IN a strong response to a “ghost employee” scandal, the Bangko Sentral ng Pilipinas (BSP) has dismissed two supervisors implicated in the falsification of attendance records, imposing maximum administrative penalties and implementing a series of reforms to prevent future incidents.

The BSP’s Monetary Board upheld the findings of its legal department, ruling that the supervisors were guilty of administrative violations tied to the dismissal of four staffers last year. The sanctions include dismissal from service, forfeiture of retirement benefits, cancellation of civil service eligibility, perpetual disqualification from holding public office, and a ban from taking civil service examinations.

Beyond the dismissals, the BSP has introduced a range of reforms, including enhanced training for supervisors, a revamped employee onboarding program emphasizing ethics cases, and a reorganization of the BSP Committee on Ethics and Decorum.

The central bank has also launched a new human resource system to digitize timesheets and supervisor approvals, strengthened its whistleblower mechanism, and reviewed the management of Monetary Board offices. The BSP’s leadership has emphasized its commitment to maintaining and strengthening integrity within the institution.

Tags: bsp ghost employee

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